DevSecOps Market Size, Share, Growth Analysis, By Enterprise (Large Enterprises, Small and Medium Enterprises), By Industry Vertical (IT & Telecommunication, BFSI), By Deployment, (On-premises, Cloud), By Region -Industry Forecast 2025-2032

Global Devsecops Market size was valued at USD 6.90 Billion in 2022 and is poised to grow from USD 7.81 Billion in 2023 to USD 21.06 Billion by 2031, growing at a CAGR of 13.2% during the forecast period (2024-2031).

The increasing incidence of security breaches faced by the IT and telecommunications industry plays a key role in the growing demand for scalability, security and productivity (DevSecOps). The adoption of DevSecOps enables IT companies to deliver agile and high-quality software. However, when security is established at the end of the IT life cycle, developers face risks related to security threats that push the entire team back into a long development cycle. Many incidents of security breaches are expected related to the growth initiatives will boost this market during the forecast period.

The rapid pace of digitization has changed the industry for many organizations. The inclusion of artificial intelligence (AI), the addition of the Internet of Things (IoT), cloud computing has increased data sharing in organizations through the internet. With the emergence of concepts such as Bring Your Device, co-working spaces, remote work profiles, and cloud deployments, large datasets that belong to organizations are continuously exposed to the risk of breaches and data thefts if not protected with significant security measures.

New platforms specifically designed to provide advanced security controls that can accelerate the software development cycle by ensuring improved technical support also enhance the growth opportunities of this market. In May 2024, PlaxidityX (formerly Argus Cyber Security Ltd.), one of the leading companies in the automotive cybersecurity industry, announced a new venture has been designed for manufacturers of software-defined vehicles (SDVs) and suppliers.